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    Eric Fogg
    Eric Fogg Manufacturing News/ December 11, 2019

    Recent manufacturing metrics for the US and China

    在全球制造新闻中,指标显示,中国的制造业正在扩大。同时,数字表明,美国制造市场上个月签约。

    This news is especially interesting because some projections actually predicted the opposite would happen!

    Here's a breakdown of the numbers for both countries

    China

    彭博社报道, "The official manufacturing purchasing managers’ index rose to 50.2, according to data released by the National Bureau of Statistics on Saturday. That’s the first reading above 50 since April, indicating an expansion in output."

    Other metrics and surveys indicate growth as well.CNBC reported, "A private survey on Monday showed China’s manufacturing activity expanded more than expected in November as the Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) came in at 51.8."

    Despite these signs of growth there is still a lot of uncertainty as to what will happen next due to the trade tension between China and the United States.

    Reuter's said, "New export orders fell for an 18th straight month in November, albeit at a slower pace, with the sub-index rising to 48.8 from 47.0 in October. . . An additional 15% in U.S. tariffs are scheduled to take effect on about $156 billion of Chinese products on Dec. 15."

    United States

    In comparison, the most recent US numbers show that the market contracted last month.

    CNN报道,“供应管理研究所报告说,美国工厂的活动在11月份签约了第四个月。与经济学家的共识预测为49.2相比,采购经理指数仅为48.1。”

    This could also be traced back to the trade tension, among other things.

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